Market Entry into Africa: Acquisitions and International Joint Ventures. Studies of foreign firm’s market entry strategies, challenges, and performance in Africa."

Deadline for submission of Manuscripts: 31 August 2018


For the past 40 years, while international business (IB) studies have focused on explaining the internationalization of multinational enterprises (MNEs) and the globalization of markets, studies focused on Africa have thus far been limited. Extending IB studies to the African context will improve IB theories as it has been suggested that contextualized explanations improve theorizing in international business studies (Meyer & Peng 2005; Welch, Piekkari, Plakoyiannaki & Paavilainen-Möntymäki 2011). African markets provide a unique context to test IB theories empirically and develop context-specific theories (Van de Ven & Jing 2011). Similar contextualization has been done in transition economies of Central and Eastern Europe (Meyer & Peng 2005), China (Child & Tse 2001), and studies on strategies of emerging market MNEs (Cuervo-Cazurra 2012).


The aim of this special issue is to advance international business in Africa and specifically focus on how foreign firms enter African markets via acquisitions and international joint ventures. It will extend knowledge of these market entry strategies in Africa for research and for foreign firms intending to or currently doing business in Africa.


This issue will address two important entry mode choices for foreign firms seeking market entry into Africa: the choice of acquisitions (partial and full acquisitions); and international joint ventures. Acquisitions and international joint ventures are gaining importance in Africa (Boateng and Glaister 2003; Dadzie & Owusu 2015) partly due to an increasing consolidation of several industries and economic liberation policies implemented by many Africa countries (UNCTAD 2015).


We seek papers that explore and analyze why foreign firms opt for IJV and acquisition strategies in Africa, how they manage their African subsidiaries and their performance with these entry modes. Furthermore, we seek for mainly empirical research but also some conceptual papers that enrich the contextualization of Africa in international business. Specifically, we seek state-of-the-art empirical and conceptual papers on topics including, but not limited to the following:


Motives and formation of IJVs and Acquisitions in Africa

External factors that are affecting IJVs and cross-border M&As in Africa

Entry and Ownership Strategies:  How do foreign firms choose their entry strategies in Africa?

Management of IJVs and Acquisitions in Africa

Organizational and Cultural Issues in Acquisitions and IJVs in Africa

Performance of IJVs and Acquisitions in Africa

Guest Co-Editors:           

  1. Dr. Nnamdi Oguji

Researcher, University of Vaasa, Finland

Consultant & Business Analyst, KONE Corporation

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  1. Dr. Owusu Richard

Associate Professor

School of Business and Economics, Linnaeus University, Sweden

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Guidelines and Submission Information:

All manuscripts should be submitted to the special issue at manuscript central:

Authors must follow directions for submitting manuscripts to TIBR:

Papers submitted to the Special Issue will be subjected to double‐blind peer review in accordance with TIBR guidelines. Further questions about this special issue should be directed to either of the Guest Editors of this Special Issue.



Best regards,




Suzy Howell

Managing Editor, Thunderbird International Business Review

Manager, Thunderbird Case Series

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